Why repeat the repeal of Glass Steagall, the Brooksley Born thing, and CommMod of what 99-2000, when it is all in one site like crashopedia? And that site has a surplus of cites and links. If you are really curious, that is a good place to start reading.Plus a whole lot of info is available daily and in the archives over at Naked Capitalism.
Now for my little amateur ideas-first reinstate Glass Steagall, which helps whittle the TBTF down, put all derivatives on exchanges, and fix positions limits. Eliminate derivatives which are simply side bets, like the old bucket shop stuff. Regulate energy commodity just like ags. I would also work to discourage day trading and impose a transaction tax and implement minimum stock holding periods of at least 30 days.
parsy, who thinks the links are still your best bet
Excellent! How did their repeal lead to the mess?